Acturial Science > AQA QUESTION and MARK SCHEMES > USPAP Questions and Answers Latest 2023 Graded A (All)
USPAP Questions and Answers Latest 2023 Graded A
Document Content and Description Below
The appraiser could accept the assignment (as a new assignment) ✔✔as long as proper disclosure is made regarding the prior assignment & any confidential in formation is handled appropriately. ... in a deed being used in a purchase transaction, who is the grantee? ✔✔The party receiving title - "purchaser" is known as the grantee. Any services provided by an appraiser, other than an appraisal or appraisal review, would be appraisal practice w/ no applicable standards. this includes recommendations that occur as a result of an appraisal or appraisal review. ✔✔For those services, the scope of work rule & the record keeping rule do not apply. When an appraiser arrives for his inspection of residential property, the property owner gives the appraiser an appraisal report previously performed by another appraiser. in light of uspap, what should the appraiser do? ✔✔Make certain that information relied upon in the other appraiser's report is not in error or fraudulent. [Show More]
Last updated: 1 year ago
Preview 1 out of 26 pages
Buy this document to get the full access instantly
Instant Download Access after purchase
Buy NowInstant download
We Accept:
Reviews( 0 )
$13.00
Can't find what you want? Try our AI powered Search
Document information
Connected school, study & course
About the document
Uploaded On
Aug 13, 2023
Number of pages
26
Written in
Additional information
This document has been written for:
Uploaded
Aug 13, 2023
Downloads
0
Views
79
